Benelux: Electromagnetic Lifting Head Market 2024

Electromagnetic Lifting Head Market Size in Benelux

The Benelux electromagnetic lifting head market fell slightly to $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Electromagnetic Lifting Head Production in Benelux

In value terms, electromagnetic lifting head production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

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Electromagnetic Lifting Head Exports

Exports in Benelux

In 2022, overseas shipments of electromagnets and electromagnetic lifting heads decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then reduced in the following year.

In value terms, electromagnetic lifting head exports stood at $X in 2022. Overall, exports, however, showed resilient growth. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands represented the major exporter of electromagnets and electromagnetic lifting heads in Benelux, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. Luxembourg (X tons) took the second position in the ranking, distantly followed by Belgium (X tons). All these countries together took near X% share of total exports.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Luxembourg (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Luxembourg increased by X percentage points.

In value terms, the Netherlands ($X) remains the largest electromagnetic lifting head supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Luxembourg ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled X%. In the other countries, the average annual rates were as follows: Luxembourg (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced a decline in the export price figures.

Electromagnetic Lifting Head Imports

Imports in Benelux

In 2022, purchases abroad of electromagnets and electromagnetic lifting heads increased by X% to X tons, rising for the third year in a row after three years of decline. Total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, electromagnetic lifting head imports expanded to $X in 2022. Total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

The Netherlands (X tons) and Belgium (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Luxembourg (X tons), making up a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electromagnetic lifting head importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

Among the main importing countries, Luxembourg, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price, however, recorded a noticeable downturn. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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